KMV and Lease: Difference between pages

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''Credit risk''
A contract whereby the owner of an identified asset (the lessor) offers rights to use the asset to another party (the lessee) for a certain period.
In return the lessee makes payments of pre-determined amounts to the lessor.


KMV is a credit risk process based on the work of Kealhofer, McQuown and Vasicek.


It calculates expected default frequencies.
== See also ==
* [[Assets]]
* [[Contract]]
* [[Contract hire]]
* [[Contract purchase]]
* [[Dry]]
* [[Finance lease]]
*[[FLA]]
* [[Hire purchase]]
* [[Ijara]]
* [[Lessee]]
* [[Lessor]]
* [[Operating lease]]
* [[Sale and leaseback]]
* [[Tenure]]
* [[Wet]]




== See also ==
===Other links===
* [[Credit risk]]
*[http://www.treasurers.org/node/8924 Students: A lesson on leases, The Treasurer, April 2013]
* [[Default]]
* [[Merton distance-to-default]]


[[Category:Identify_and_assess_risks]]
[[Category:Corporate_financial_management]]
[[Category:Manage_risks]]
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 14:05, 17 May 2017

A contract whereby the owner of an identified asset (the lessor) offers rights to use the asset to another party (the lessee) for a certain period.

In return the lessee makes payments of pre-determined amounts to the lessor.


See also


Other links